Property Advisor Finance & Legal 05.12.2025

 Notarized Agreement

A notarized rent agreement is simply a rent agreement printed on a stamp paper that a Public Notary signs. notaries are done by lawyers and advocates.

Performing a notarized agreement is much simpler than a registered one as it can be done by just visiting the lawyer and does not require any stamp duty and registration fees to be paid.

In case of any legal proceedings, the notarized agreement cannot be admissible in the Court, as it does not validate the rental deal. It just verifies the documents equipped along with the agreement. 

 Advantages of a Notarized Agreement

It is easy to execute the notarized agreement; you have to visit the lawyer.

Stamp charges are not applicable on a notarized agreement.

Notarized document also acts as a witness to the agreement.

The stamped document serves as a real and genuine document.

 Notarized rent agreement under the following conditions:

When you need the agreement urgently or on an immediate basis

If the rental period is 11 months or less

A notarized rent agreement is made for mutual understanding between a landlord and a tenant.

 Registered Agreement

A registered rent agreement is a rent agreement printed on a stamp paper and registered with the sub-registrar of the area. It is very alike to registering a sale deed of a property. The registration process can be done online or in person by visiting the sub-registrar’s office.

Different a notarized agreement, the registered rent agreement is admissible in the Court in case of any legal proceedings. The provisions of the Rent Control Acts of the central government and various state governments are not applicable if the rent agreement is not registered.

It is obligatory to register a rent agreement if the rental period is more than 11 months.

Registering a rent agreement requires paying stamp duty and registration charges based on the rental amount mentioned in the document.

Advantages of a Registered Agreement

Registered rent agreement is thoroughly verified by the Registrar or Sub Registrar of the office.

As per the Registration Act, 1908, a registered agreement is admissible in a court of law.

Following basic details in the rent agreement

Tenant’s name, address, contact details

Landlords name, address, contact details

Property address which is leased

Security deposit amount, maintenance charges and monthly rent

The annual increase in rent amount, both the parties should agree to renew the contract

Penalty amount, if rent is paid late or disruptive behaviour

Lock in period

Term of contract

Grounds for contract termination

Essential Documents for a Registered Rent Agreement

Require the following documents

The original proof/evidence of ownership or title of the property

Legal documents like the property's tax receipt

Two photographs of each of the parties

An address proof copy of the parties and the witnesses - Aadhaar Card, Driving License, Ration Card, Voter ID, or Bank Passbook

A copy of the property's route map

Agreements Which Should Be Notarized

How to Pay Property Tax Online for Nizampet Municipal Corporation

Property Tax

Nizampet Municipal Corporation

Property Tax Online

Property Tax Online Telangana

Property Tax Online Hyderabad

How to Pay Property Tax for Nizampet Municipal Corporation

People in Nizampet can pay their property tax at their local municipal office. They can also pay their Nizampet property taxes online via the CDMA Telangana's official website. Nizampet property tax and its payment approaches.

Nizampet Property Tax:

Property owners in Nizampet can pay the taxes on the CDMA Telangana’s official website using the following steps:

•Visit website https://emunicipal.telangana.gov.in/ and Scroll down to the 'Online Services' section. Click on the ‘Property Tax (House Tax)' option.

·         Follow the steps for the online procedure carefully, and click 'Click Here' under the ‘Apply Here’ option.

·         Enter your contact number and complete the OTP verification.

·         Fill in the details, including property measurements, and upload any required documents. The system calculates and displays the half-yearly tax based on the measurements.

Step 1: Visit website https://emunicipal.telangana.gov.in/

Step 2: Click ‘Pay your Tax Online’. A new webpage will seem.

Step 3: You have to enter your 10-digit Property Tax Identification Number (PTIN) to proceed. Click ‘Know Property Tax Dues’.

Step 4: Check the details, outstanding payments, and interest on late payments. You have the option of paying via net banking, credit or debit card.

Step 5: Fill out all of the information in the payment gateway and complete the payment. You can choose from various online payment methods, including credit cards, debit cards, internet banking, and NEFT/ RTGS.

Step 6: The receipt for the property tax payment will be generated. You can download, print, and save it for future use.

Nizampet Property Tax: Contact Information

Nizampet property tax, you may contact a professional on these details:

Official Address: Nizampet Municipal Corporation office, old Gram Panchayat Office Pragathi Nagar, 500090.

Website: https://nizampetcorporation.telangana.gov.in/

Frequently asked questions

How can I check my Nizampet property tax online?

You can check and pay Nizampet property tax online via the official CDMA property tax website.

What happens if I fail to pay the Nizampet Property tax on time?

You have to pay a 2% interest rate per month on the due tax amount if you fail to pay the Nizampet property tax on time.

What is the meaning of PTIN in Nizam Property Tax?

PTIN (Property Tax Identification Number) is a 10-digit unique number that CDMA Telangana issues to each apartment, independent house, or villa in Nizampet.

 RBI Saves Repo Rate Unaffected Resulting No Changes in Home Loan EMIs

The Reserve Bank of India has kept the repo rate unaffected for the sixth consecutive time. The repo rate remains the same, i.e., 6.5 per cent which means there will be no changes in the home loan EMIs amount.

The Reserve Bank of India imagines a strong growth of 7 per cent for the Financial Year 2024-25 in the Indian GDP.

RBI Guideline for Home Loans

The Reserve Bank of India (RBI) governs the guidelines for home loan and keeps changing them due to various factors affecting the economy.

 1. Repo Rate

In the 06th consecutive MPC meeting held in the first week of February 2024, the Reserve Bank of India (RBI) announced to keep the repo rate unchanged. The rates were augmented by 25 basis points (bps) in 2023 taking it to 6.5 percent from the earlier 6.25 percent.

 2. LTV (Loan to Value) Ratio

LTV ratio is an assessment of lending risk that all financial institutions, including banks and NBFCs, consider before offering a home loan.

RBI has increased the Loan to Value Ratio up to 90% in case the home loan is below Rs. 30 lakhs. Also, the LTV ratio for loans above Rs. 75 lakhs are up to 75%. Therefore, the higher the LTV value, the easier it would be for an individual to acquisition a property by financing it through a home loan.

Stamp duty and documentation charges will not be included at the time of calculating LTV. Therefore, this reduces the payment of 10% that the home loan borrower is to make upfront.. Also, if the cost of the house is not exceeding Rs. 10 lakhs, banks are allowed to add registration, stamp duty and other documentation charges to the house's cost to calculate the LTV ratio.

 3. Prepayment Charges

A home loan can go up to Rs. 1 crore or even more in some cases, and the maximum tenure goes up to 30 years. RBI has waived off the prepayment charges in case of floating interest rate and has kept the penalty up to 3% in case of a fixed interest rate. Previous, the lenders were asking for a prepayment penalty of up to 5% of the loan amount.

 4. Balance Transfer Facility

Home loan borrowers to refinance their home loan, RBI has waived the foreclosure charges. Home loan borrowers can now easily transfer their current home loan to another bank to avail of a lower interest rate. when the borrower forecloses his home loan from the current bank, he does not have to pay the foreclosure charges.

 Your rental agreement will reference a date from which you can live in the house and a date for finish of the contract. This is most often a period of 11 months. Within that timeframe, the landlord cannot forcefully remove a tenant on just his/her urges and notions.

A. Tenant cannot be dispossessed without a valid cause

•          The tenant has not paid rent.

•          The tenant has not followed the landlord’s policies concerning how the property is to be used.

•          The tenant has made physical changes to the property.

•          The renter has produced damage to the rented premises.

•          The property owner wants to repair/renovate the premises.

•          The renter has issued a notice period, and the property owner has sold or accessible the house for sale.

•          The landlord has approved away, and his/her heirs have a genuine need for the property.

B. Renters must receive important maintenance services

Previously renting a property, landlords must ensure it is comfortable. The landlord is responsible for safeguarding essential maintenance services along with walls and a roof over your head. This includes a working connection for water and electricity. The utility bills generated for such services are payable by the tenant. Uniform if the tenant delays paying utility bills or the rent, the landlord cannot sever the connection. This step can only be taken by the municipal authorities or the service provider.

C. Tenants have the right to privacy in their home

Privacy is an important tenant right in India. After registration the Rent Agreement, the landlord can’t enter without a tenant’s agreement, and locks can’t be changed without a landlord’s approval. The property owner is not permitted to enter the rented portion, even with his/her spare key, except for an emergency.

D. Tenants can Refuse/Reject the Renewal of a Rent Agreement

Rent Agreements are usually for 11 months. This may be renewed as many times as required. The rental amount stated in the agreement is valid for the entire tenure and cannot be changed in between.

Property rentals are naturally raised every time an agreement is renewed. This is usually around 10% of the existing rental rate and is accessible. The tenant is under no responsibility to renew the agreement if the new rent asked for does not suit him/her.

E. Tenants are Eligible to Get a Receipt

A receipt for all payments is within tenant rights

Each month’s rent may be paid in cash, a cheque, bank transfer or any other type of legal transaction. In some cases, the preferred mode of payment may be mentioned in the Rent Agreement. Tenants can ask for a receipt; a rent receipt must show the amount paid by a renter, the date on which the property owner received the rent, and the landlord’s signature.

F. Renters must receive a Notice Period

Rent Agreement does not transfer ownership of the house to the tenant. Hereafter, the landlord can ask the tenant to move out anytime. Tenants cannot be asked to vacate the premises within a day. Property owners must give their tenants time to look for substitute accommodations. This period is tagged as the ‘Notice Period.’ Usually, a Rent Agreement stipulates a month’s notice period.

G. Tenants can fairly claim the security deposit given to the property owner

In adding to monthly rent payments, the landlord may also ask for a security deposit. This is a one-time payment. The security deposit classically equals three months’ rent, though it may be higher for furnished homes or extended leases.

H. legal heirs are entitled to your tenant rights

The Rent Agreement is signed between the primary tenant and the landlord. Though, the tenant’s family and legal heirs have the same rights as the tenants.

If a tenant dies while living in a rented house, his/her family can continue staying in the rented apartment. In such cases, the tenancy rights go to his/her inheritor.